A Europe-based spending test across six crypto payment cards found Ether.fi delivered the lowest effective cost on a 9.69 euro purchase, according to BlockBeats, citing crypto KOL Nikita. After factoring in exchange rates, fees, and cashback, Ether.fi posted an actual cost of $10.72. Plasma ranked second at $10.93, while Backpack came in third at $11.07.
The test covered Ether.fi, Plasma, Backpack, Lava, Jup Mobile, and KAST. Results showed that the real cost gap between different crypto payment cards was about 5%. Nikita said the spread was mainly driven by foreign exchange markup, platform fees, and cashback structures.
Ether.fi kept the top spot thanks to stronger exchange rates and on-chain cashback. Plasma stayed in second place despite weaker exchange rates than some newer products, supported by its 3% cashback. KAST was the most expensive option in the test for the second time in a row, with weaker exchange rate performance and added charges weighing on its total cost.
A spending test in Europe across six crypto payment cards found Ether.fi had the lowest effective cost on a 9.69 euro transaction, according to BlockBeats, citing crypto KOL Nikita.
The cards included Ether.fi, Plasma, Backpack, Lava, Jup Mobile, and KAST. After accounting for exchange rates, fees, and cashback, Ether.fi ranked first with an actual cost of $10.72. Plasma placed second at $10.93, and Backpack ranked third at $11.07.
The test showed that the actual spending cost between different crypto payment cards differed by about 5%. The gap was mainly tied to foreign exchange spreads, fees, and cashback mechanics.
Ether.fi kept the best result with stronger exchange rates and on-chain cashback. Plasma held second place with 3% cashback despite having weaker exchange rates than some newer products. KAST was the most expensive product in the test for the second consecutive time because of weaker exchange rate performance and additional charges.
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